HCMC - The southern province of Dong Nai has, year to date, attracted more than US$1.14 billion in foreign direct investment (FDI), exceeding the province’s whole year target of US$1 billion, the Government news website reported.

HCMC – The Mekong Delta province of Kien Giang has called on investors to develop 68 projects in the key fields of hi-tech agriculture, produce-processing, water supply and wastewater treatment, the government news website reported.

HCMC - VinaCapital Group and Vietnam’s leading poultry egg and meat producer Ba Huan on August 9 completed procedures for the termination of their cooperation deal in the spirit of goodwill, said Don Lam, CEO of VinaCapital Group.

TIEN GIANG – The Mekong Delta province of Tien Giang should remove obstacles and shortcomings to attract large investments, thereby creating momentum for its fast and sustainable growth and becoming a driving force in the Mekong Delta region, said Prime Minister Nguyen Xuan Phuc at an investment promotion conference today, August 9.

HANOI - The upward trend of the US dollar in most markets and the ongoing interest rate hikes by the US Federal Reserve (Fed) have raised concerns over capital outflows from emerging countries, including Vietnam.

HCMC - Long Son Petrochemicals Co., Ltd, a subsidiary of Thailand-based Siam Cement Group (SCG), today, August 8, announced its deals with six financial institutions to borrow more than US$3.2 billion to kickstart the construction of the Long Son petrochemical complex project.

HCMC – VinaCapital Group on August 7 announced plans to suspend its investment in Vietnam’s leading poultry egg and meat producer Ba Huan, following the producer’s recent request to the Prime Minister to help with the termination of the deal.

HCMC – Most Vietnamese enterprises that have franchised their brands to other countries have done so only when these opportunities were offered by foreign firms, instead of mapping out specific strategies on their own, Nguyen Phi Van, chairwoman of Retail & Franchise Asia, told local media on August 7.

HCMC – Indian enterprises participating in a meeting between Indian and Vietnamese medical enterprises, held by the Consulate General of India in HCMC on August 3, expressed a desire to invest heavily in the healthcare sector of Vietnam.

Conclusions of Free Trade Agreements (FTAs), bilateral and multilateral alike, plus the accompanying shift of garment and textile projects from overseas to Vietnam, have become a source of concern for some local authorities as they are afraid of possible pollution, particularly in the dyeing process